Showing posts with label Business Success. Show all posts
Showing posts with label Business Success. Show all posts

Friday, 19 January 2018

A Simple Guide on How to Find Purpose in Business

Enterprise is a term that refers to basically beginning a business. A business person must have an unmistakable vision without restrictions and utilize that vision to fabricate something completely new, bringing whatever knowledge of the world is out there. The truth they need to make sets a whole new challenge, the truth that every opportunity gives rise to new ways of earning money. The vision must influence others.

How would you "discover" mission and vision deserving of your opportunity, vitality, and judgment? Wouldn't you be able just to hold up to unearth an alluring open door?

In case you're as of now attempting to find your entrepreneurial calling, your main goal, consider the procedure I'm explaining beneath. It's basic and clear, however, requires devotion. I trust you'll concur it merits investing at any rate as much energy in your "life look" as you would on a pursuit of employment, experts program, or another entrepreneurial preparing.

End is the Start 


While deciding your basic purpose for existing, you have to comprehend what is most critical to you. Consider not only your present needs but rather what is probably going to stay imperative to you for the following 50 years. What do you think that your trust in business needs to change in this very world? Of course, it has to. What part would you be able to play in evolving it?

I frequently hear individuals say that they don't know how to Start Something as long as they can remember, maybe from their childhood. However, that reaction is deficient and requires more investigation. The entrepreneurial reasoning depends on managing vulnerability and pushing ahead in spite of equivocalness. You might not have everything about out right now, but rather you ought to have a decent feeling of your esteems and standards and what makes your life worth living.

How to Do it, eh?


To enable you to decide your definitive objectives, begin by addressing everything. Converse with everybody you trust and respect, the individuals who you consider fruitful, and ask what they esteem most in life. Meet with individuals in their eighties and ask them what they love most about their lives. Discover what appeared to be vital en route, and what they observed to be imperative after a lifetime of hardworking and business success. Ask about their most noteworthy delights and failures. As you investigate their triumphs, disappointments, and recollections, you will discover the point of view for yourself. Read incredible abstract works and books on logic. Invest energy alone in a peaceful place. In case you're religious, reconsider the essentials of your conviction framework. The thought here is to solicit a considerable measure from questions, inspect your suspicions, call your particular feigns, reflect, and question once more.

Your Voice Of Freedom, Risk Compatibility, the desire to Challenging Business Ventures and a real effort to put a solid foundation under your dreams can find the Real Purpose in business as well as Life for you.


Friday, 12 January 2018

Do What You Love For a Living

A couple of years back, I was unhappy in my job and was searching for a sense of purpose in life. I longed to do something that was more meaningful and fulfilling. One day, whilst online, I discovered some of Wayne Dyer's audio material. He was talking about living with 'a sense of purpose, a sense of mission', and I was very taken with what he was saying. Over the course of the next year or so, I listened to a lot of his material, and he managed to convince me that doing what you love and making a living at it was not only possible but it would an insult to the universe not to do so!. Hopefully I can convince you to do the same in this article.

I have always loved music and I started to play the guitar when I was sixteen. I had a reputation for being the best guitarist in town. I just loved sitting and working out songs on the guitar and I had a real talent for it. However, I had never really thought about playing the guitar for a living. I ended up taking the 'sensible' and 'realisitic' route into a job that, despite paying well, left me empty and frustrated. We are often told that our passions are alright 'as a hobby' but that they won't pay the bills. Wayne Dyer really helped me to undo a lot of this societal brainwashing and I got to thinking about how I could get paid to sit and play the guitar all day instead of working for the man. After a period of reflection, I hit on the idea of making videos to teach the stuff I enjoyed working out so much on the guitar and selling them online.

So, I set to work. It wasn't easy. I came up against a lot of skepticism and discouragement from family and friends. I didn't know the first thing about setting up a website and I had no capital whatsover. In fact, I was in quite a lot of debt. Nonetheless, I was determined to succeed and I just started putting one foot in front of the other and finding out how it was all done. I started making the video lessons in my spare time, got a website going all by myself and although I have had a million and one hurdles along the way, the site is now making enough money to live from and I get so much encouragement from my students that I know I am following the right path. Now, I can get up when I want and spend the day doing what I love. Moreover, I believe you can too.

If you really want to do something, then with enough determination, hard-work and persistence, you're going to make things happen. There is no other way it can be. If you can believe in yourself, even during times when you seem to be getting absolutely nowhere, and keep the dream alive, you can do what you love for a living. If you can ignore the skepticism and discouragement of family and friends who sit around making excuses all day and trying to sully your plans, you are going to succeed.



Monday, 23 October 2017

Commitment & Determination - What Makes You an Entrepreneur

What makes you an entrepreneur?; this question is simple but very difficult to answer. For a long time, people have studied the science behind entrepreneurial process, what drives a great entrepreneur, the things that make an ordinary person transforms into a job creator.

To answer this question, it's much better if we try to understand what's behind entrepreneurial process. At the heart of every entrepreneurial process is the founder, the opportunity seeker, the creator and initiator, the leader, problem solver, and motivator; the planner and the guardian of vision and mission. Without this human energy, behavior, drive, and vitality, the greatest ideas-even when they are backed by an overabundance of resources and people-will fail, grossly underperform, or simply never get off the ground. Brilliant athletic aptitude and potential is not equal with the great athlete. The difference is invisible and intangible: commitment, tenacity and determination.

Commitment and determination are seen as more important than any other factor that inspiring an entrepreneur. It makes an entrepreneur can overcome incredible obstacles and also compensate enormously for other weaknesses. Almost without any exception, entrepreneurs live under extreme, constant pressure (when they start their business, for them to stay alive, and for them to grow). A new business requires top priority of entrepreneur's time, emotion, patient, and loyalty. The level of entrepreneur's commitment can be measured in several ways: through a willingness to invest a substantial portion of his or her net worth in the venture, through a willingness to take a cut in pay because he or she will own a major piece of venture, and through the other big sacrifices in lifestyle and family circumstances. Clearly, commitment and determination usually demand personal sacrifice.

What you should keep in mind is that the desire to win never equal to the will to never give up. And this is actually a critical distinction. So many lead entrepreneurs say that they really want to win, but only few have the dogged tenacity and unflinching perseverance to make it happen. Just take an example of a young entrepreneur who made several phone call but none were returned. He made a few more calls but still, no response. Over the next week he made yet another series of calls that once again received no response. At that point, what would you do? Would you keep trying, or decide to move on and not waste any more time? Only you can answer this question, and the answer will gives a clear picture of your persistence's level.

Entrepreneurs who successfully build new business seek to overcome hurdles, solve problems, and complete the job. They are disciplined, tenacious, and persistent. They are able to commit and recommit quickly. They love to win and love to compete at anything. However, if tasks are unsolvable, an entrepreneur will be the first person to give up than the others. There is a fair opinion says that while entrepreneurs are extremely persistent, they are also realistic in recognizing what they can and can't. They know where they can get help to solve a very difficult but necessary task.

Sunday, 1 October 2017

When I was reading the recent Startup Genome Report, I saw that Silicon Valley has again come out on top as the best startup eco-system in the world. When I was going through the parameters that made Silicon Valley the best, I noticed an important fact. Silicon Valley has the largest number of mentors and serial entrepreneurs as opposed to other startup eco-systems globally.

Which brings me to the discussion of the need for mentors for an entrepreneur.

The word "Mentor" is misunderstood phrase in the context of our lives. Who is a mentor and what does a mentor do? Why do we need a mentor? Can we do without a mentor? Is it a must-have?

Oxford Dictionary defines mentor as "An Experienced and Trusted Adviser".

Since times immemorial, every successful leader had a mentor. In family owned business, mentors were usually one's father or uncle or some trusted person associated with the well-being of the family. Famous politicians had mentors. Emperors had mentors.

The term "Mentor" has been age-old.

In today's context of entrepreneurship, the term mentor has taken are more holistic meaning but its ethos still remain the same.

So why should an Entrepreneur have a mentor:

1. Entrepreneurship is a lonely journey - Whether you have friends, you have a life partner, your girlfriend/boyfriend, the path of entrepreneurship still seems very lonely. And none of your "social" and "personal" circle can understand this loneliness that you have. Having a mentor makes it easier to talk to someone and ease your path a little bit more

2. Have someone to report to - In entrepreneurship, you are your own boss. You have to define your own metrics and stick to them.You have only yourself to answer to. Yes, customer is the ultimate person to whom you are answerable, but unless you stick to the metrics you have defined for yourself, there will be no customers. Having a mentor helps you to be more accountable

3. You fight numerous personal battles - Entrepreneurship is as much about external situations, as much as it is internal. In fact I would say, entrepreneurship is more an internal battle than an external. You will be going through wide range of emotions which none can understand. Having a mentor makes it easier to win those personal battles

4. You are often clueless - There will be times, when you will be clueless as to what you should be doing next. Whether you should build "this" feature or "that" feature, whether you should change your marketing strategy or whether you should target a different customer segment. An experienced mentor can help you and guide you into the right direction.

5. Contacts - An experienced mentor brings with him/her a wealth of contacts. These contacts are what is needed often to give you the break that you need to grow.

How should you select a mentor?


You should take your time to select a mentor. Some of the things you should look for are:

1. Do you share a good camaraderie with the mentor

2. Are you comfortable being yourself with the mentor

3. Is the mentor reputed in his/her field

4. Whether the mentor is giving you advice that you feel are valuable to your growth

5. Is the mentor very honest in his association

6. Whether the mentor has any conflicting interest working with you.

7. What does the mentor bring to the table which you can never do it by yourself

How should you engage with a mentor?


Take time to find the right mentor. Mentorship is not a "profession". It is about someone giving his/her time for you because he/she genuinely believes in you and your vision. When you talk to people, you will know who are genuinely interested in you and who are not. Have multiple conversations. Meet with them, take them out for drinks, discuss about your business. Listen to what they have to say. The more you listen, the better will be your understanding of a mentor.

Never work on retainer fee model upfront. Gauge each other's qualities before getting into formal business agreement. When you see value in someone, you will want to retain that person. So wait till you get that value.

Is your mentor your saviour?


No, never. And don't expect him/her to be your saviour. You are responsible for your own business. So man up and take responsibility for your actions. A Mentor is someone who brings in his/her experience to help you. But he/she is not god. To Err is human.

How do you find such mentors?


You can find the best mentor in someone from your family. But chances are lesser that your mother or father will always give you a neutral view-point of you and your business. So usually someone who is not related to you works better, unless of course you own a family business.

Find people in the same industry as yours, who have been successful. Attend and network at events. Get connected to the best and the most hard-working people in the business world. The best mentors are often the quietest and the most low profile ones. So take time to find them.



Saturday, 30 September 2017

Mentoring - Sights & Sounds

Mentoring is basically aimed at helping a person attain his or her full potential as a human being. It has a vast canvass that includes development of not just skills, knowledge and work place performance but at a broader level, emotional and spiritual growth. A mentor is a guide who can help the mentee find the right direction and develop solutions to career issues.

Version Current 
Most of the young adults do not accept the 'blanket/blank' guidance of anybody, notwithstanding the inspiring and eternal cues from Krishna's monumental mentoring of Arjuna when faced with Kuruskhetra and similar frames of lasting mentoring value in human history. However, today, exposure to electronic and web interactive media has globalised the concept and contours of mentoring. It is an age of virtual mentoring too. For example, millions of young Indians have experienced a new face and articulation of mentoring thanks to the incredible mentoring skills of our former President Abdul Kalam.

Passion the Motherboard 
It is perceived globally that while mentors are generally satisfied with mentoring programs, mentees often are not. Mentoring needs a fertile ground called passion. The mentor can appear only when the aspirant is ready. Aspirant is ready when passion for mentoring is felt or cultivated. A passionate student of music pines for a mentor; a passionate wrestler yearns for a mentor. Passion to learn and grow is the appetizer for mentoring. On the fertile ground of passion is sown the seeds of trust. Wherever passion is generated, youngsters are internally ready to accept guidance of a mentor. In the absence of passion, mentoring is quixotic. To a great extent, whether good or bad, film stars have generated passion and trust in young adults. For example Sanjay Dutt could realize some impact of Gandhian mentoring - a 'filmi' version - among the youngsters much faster than most of the post-1947 Gandhian full-timers. Youngsters trust the celluloid icons and the trust comes from passion for what they are, what they do. For mentoring, trust is the operating system and passion is the motherboard. Mentor's own knowledge, experience, skills, insights and personal characteristics together make the application software for mentoring. Passion and trust originate not from aura and cult alone. It also comes from the 'the guide on the side' (immediate mentor, for example a faculty member). The 'guide on the side' does not have to and cannot afford to behave like the 'sage on the stage'. Students are averse to mentoring framed on the perception that they are 'mentoring pawns'. A 'high-born' mentor attitude results in 'still-born' mentoring results because the former fails to instill passion. Mentoring is not knowledge shopping nor is it a psychosocial massage. Mentoring is an enabling 'vent' for the mentee to 'invent' and 're-invent' himself/herself and sustain it. To invent, passion is necessary. A professional learning program is a vent for the students to invent and re-invent themselves. In that process, effective mentoring can leave a career footprint; if not effective, mentoring sessions are just enforced 'foot note' in one's career annals.

Campus Mentoring 
Campus mentoring is basically aimed at developing the right attitude, resolve, goal setting and expectation management. Effective campus mentoring in turn enables the students to identify their career and profession mentors and develop self-mentoring with remote guidance, direct or indirect. Today, fascinating sights and sounds of mentoring is available thanks to interactive media and internet. The migration from academic environment to professional learning environment and later from there to workplace demands effective personal orientation. Every phase of life needs new mentors. Skill is required to identify and work with the mentor/s at different stages of life. Mentoring in a professional learning environment is a step in that direction.

Mentoring Oracle 
o A mentor will treat students as though they were what they ought to be and the mentor needs to help them become what they have the potential to be. 
o A mentor can gain fuller ground in professional life, if s/he effectively helps the students to get what they want. 
o A mentor will enable the mentees to manage their own learning in order that they continually use their potential to improve skills, performance and become what they are capable of.

Kon Banega Mentoring Pathi 
o active and involved listener 
o broad, focused and flexible in knowledge base and dispensation 
o zero judgmental 
o capable of prompt and constructive feedback 
o by nature, honest and open-minded and eager to learn 
o capable of suggesting career network and developmental resources 
o passionate and successful in own career 
o naturally willing and able to find time for the career empowerment of others 
o gifted with good interpersonal and communication skills 
o accessible, empathetic, flexible in attitude and capable of supporting without controlling 
o willing to guide mentees arrive at solutions without making decisions for the mentees 
o able to actively and positively question, probe and challenge the mentees 
o willing to debate and discuss 
o believes in realistic expectations 
o strong at organizational skills.

Advantage Mentee 
o provides access to a support system during the crucial phase of career development 
o helps develop a perspective on choosing and navigating career 
o enables clear understanding of career development plans 
o helps acquiring the skill to develop mentoring relationships with industries 
o throws open diverse perspectives and experiences 
o helps identify skill gaps and develops insight into career success factors 
o lasting career network 
o Provides a source of personal support and guidance with whom weaknesses can be explored and addressed and achievements appreciated. 
o one-to-one brainstorming and ideation 
o facilitates learning in an assessment-free and stake-free environment 
o facilitates a smooth graduation to the workplace.

Advantage Mentor 
o provides window to the world and ways of emerging minds, constraints, talents, challenges diversity of thought, style, personality, and culture 
o helps sustained focus on self-development as a career guide and facilitator 
o gives personal satisfaction from imparting wisdom and experience to growing minds 
o provides opportunity for personal development of coaching, mentoring, leadership, management skills, greater job satisfaction and higher self-esteem 
o Source of feedback about curriculum courseware and methodology needs 
o A lasting career network

Mentoring Streams 
Campus mentoring is a combination of career mentoring and psychosocial mentoring. The latter is more personal and relies on an emotional bond between the mentor and mentee.

Mentoring Phases 
o Identify, believe in and recognize a student's unique qualities 
o Recognizing the student's unique qualities inspires him/her 
o The inspired student seeks to benefit from the mentor's support, skills, experience and wisdom. 
o From there, mentoring grows into empathy and shared professional concerns 
o At this stage, the mentee enjoys testing his or her own new ideas at the professional front. 
o Mentoring is gradually reaching the matured stage where the mentee feels confident of his or her skills and outlook to function independently. 
o At the height of mentoring relationship, most often at the alumnus level, both mentor and mentee may redefine their relationship as one of equals, characterized by informal contact and mutual assistance, thus becoming true professional colleagues.

Dental Mentoring, a Model 
Even fifteen years ago, in most parts of India a session with a dentist used to end up in dental extraction. Same was the case with one to one interaction between the teacher and the taught. The teacher used to try and extract and purge the negatives in the ward. Today dentistry is different. It has come of age from dental extraction to dental mentoring. Today a good dentist is a dental mentor rather than a dental extractor; today a dentist is not a 'destroyer'; s/he is a preserver. We can borrow a mentoring leaf from dentists!

Finally, a mentor is obliged to appreciate own limitations and seek the help of other team members and fellow mentors in order to meet the developmental needs of the mentee.


Friday, 29 September 2017

Take Your Career to the Next Level - Five Steps to Find and Use a Mentor

A mentor is a personal, portable, no-cost resource to help you set and meet your unique goals. Mentoring is an explicit one-to-one learning relationship between a person who wants to improve job or career skills and a person who can help him or her do that. Mentors are much more than "go-to" people. Mentors are champions of learning. Mentors take a position of high interest and investment in another's development. They want to mentor. They share knowledge, encouragement, guidance and feedback about job content and organizational culture. They advocate for their mentees' successes. Mentoring provides encouragement and structure to support the mentee. In the ideal, mentoring and being mentored is business as usual.

Why should you have one? You're good at what you do. You are the one who helps customers solve their problems. You help your customers thrive. You are totally focused on their success. Who does that for you? Are you so busy meeting other people's needs that you neglect yours? How will you:

  • Build your career?
  • Expand your expertise?
  • Develop your talents?
  • Gain skills?
  • Overcome your weaknesses?
  • Maneuver the culture in your organization?

Your manager could be a logical choice to mentor you, but chances are that person is as busy as you are. You are booked solid with work, but you have aspirations that call for individual attention. A mentor is probably not going to volunteer without being invited. You have to find your own.

Here is a simple five-step process to find the help you want and use the help you find. Nothing here will surprise you. The process is intuitive, but working it requires discipline, and that's the big challenge. This structure is designed to keep you on track, yet with flexibility to serve you throughout your career. Without structure, mentoring tends to become spotty and loses effectiveness.

1. Define what you want to accomplish and what help you need. Are you looking for technical expansion, career growth, objectivity, creativity, connections, etc.?

Examine yourself and be honest about what you need to keep doing, stop doing, and start doing to get there. Professionals like you cultivate confidence, thus others may not notice where you are lacking. You can be completely candid with a mentor, which is part of the purpose of having one. The more clearly you can see your strengths and weaknesses, the more willing you are to lay those out to someone you trust, the more successfully you will work with a mentor.

2. Find people who can offer you what you want, whom you admire, and who will feel honored at your request. One fundamental characteristic that any mentor must have is a passion for helping others succeed. Don't be shy. Ask your colleagues to help you conduct your search. It's similar to a job search - you want the best match possible. You define what "best match" looks like. Think about trust, communication styles and differences in perspective, in addition to career-related qualities. You may find your mentor at the desk next to yours, or online in a different geographic location. You may find more than one mentor at a time, depending on your goals.

3. Contract for the mentoring relationship. The Number One reason mentoring works is because the learning experience is shaped exactly to you and what you need. You and your mentor together define that shape.

There are two parts to the learning contract: role definition, and the specific learning goals. Sometimes the learning contract is written, sometimes verbal. Always, it is explicit. Because the mentoring process is a work in progress, clarity and structure keep it moving ahead. It is a framework within which you and your mentor can be creative and forward-thinking. It gives enough structure to keep the process focused and moving, with built-in flexibility to continuously assess and improve. Without such structure, the mentoring process can get off track and become less than optimally effective.

Here is a simple beginning "contract" for the mentoring process. You will probably want to add to it to meet your own expectations.

I, the mentee, need from you, the mentor, your individual attention, expertise, support, encouragement, open and honest feedback, and trust. 
You, the mentor, can expect from me, the mentee, my eagerness to learn, willingness to ask for help, willingness to take risks, open and honest feedback, and trust.

Refine your goals with your mentor's help. Determine how to interact, and with what frequency. Find the best ways for you to exchange feedback. Virtual mentoring is increasingly popular, and provides the ultimate mentoring portability. E-mail, telephone, texting, social media, Skype..... pathways for staying in touch are nearly endless and increasing every day. Talk about ending the mentoring relationship, right at the beginning. Step 5 should not come as a surprise. What will indicate that it's time for a change, from both perspectives? Also talk about how you will communicate if the mentoring is not working out, for any reason.

4. Contact your mentor as planned. One of the greatest challenges for professionals is asking for specific help. We earn our living sharing our expertise, and it is difficult to tap someone else's. The best advice is to "just do it." Having a mentor does no good if you don't use that person. Your mentor cannot guess at how to help you. These contacts should be high priorities for both of you.

5. Examine or end the formal mentoring when you achieve your goals, or when new needs arise that change your direction. This may mean you re-contract around new goals, move into a less formal relationship, or find a new mentor. Mentoring is a long-term relationship, but it need not be for life. You are smart, ambitious, and creative. You learn quickly, and move on to new goals. Mentoring should be totally relevant to what is going on for you at any given time. When the relevancy lessens, that's a clue it's time to change. Ending the formal mentoring is not an insult to the mentor, rather a tribute to how helpful that person was. Very often, mentors and mentees remain close friends, and mentoring continues informally, as needed.